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principals who control. The reason is that most agents lower their performance as a response to the signal of distrust created by …We show experimentally that a principal's distrust in the voluntary performance of an agent has a negative impact on … opportunistically. We find that most principals in our experiment do not restrict the agent's choice set but trust that the agent will …
Persistent link: https://www.econbiz.de/10005124063
principals who control. The reason is that most agents lower their performance as a response to the signal of distrust created by …We show experimentally that a principal's distrust in the voluntary performance of an agent has a negative impact on … opportunistically. We find that most principals in our experiment do not restrict the agent's choice set but trust that the agent will …
Persistent link: https://www.econbiz.de/10005627814
principals who control. The reason is that most agents lower their performance as a response to the signal of distrust created by …We show experimentally that a principal’s distrust in the voluntary performance of an agent has a negative impact on … opportunistically. We find that most principals in our experiment do not restrict the agent’s choice set but trust that the agent will …
Persistent link: https://www.econbiz.de/10005762323
, and process trust – and to explicate the stabilizing identities and control mechanisms on which they are based: persons …This paper studies client trust in professionals, theoretically and empirically. The theoretical elaboration, founded … on general sociological theories of trust, aims to distinguish different dimensions of trust – personal, impersonal …
Persistent link: https://www.econbiz.de/10005248008
The public utilities are an interesting testing ground to understand the relation and asymmetry of information between an agent and his principle. The normative theory of agency and the positive theory of agency represent theory sphere of the contractual relation and the incentive and...
Persistent link: https://www.econbiz.de/10008789113
both the supplier and the retailer possess partial information on the demand. Under the single price contract, we show that … another reveals its information. Finally, we show that revenue sharing contract is coordinative, which ensures that both firms … chain. This study shows that the members in a supply chain must sign coordinative contract in order to ensure that they …
Persistent link: https://www.econbiz.de/10010869126